Edgemere, MD vs Elkridge, MD
There is a significant gap in the cost of living between these two cities. Edgemere is 24.1% cheaper than Elkridge. With a cost index of 106 vs 139, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Edgemere to Elkridge should plan for substantially higher expenses across most categories.
On the housing front, median rent in Edgemere is $1,336/month compared to $2,206/month in Elkridge — a 39% difference. Home values follow the same pattern: Edgemere is more affordable at $352,100 median vs $438,200.
Median household income in Edgemere is $109,734 compared to $135,412 in Elkridge (-19%). The higher salaries in Elkridge partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Edgemere spend roughly 14.6% of their income on rent, less than the 19.5% in Elkridge.
Climate-wise, both cities share similar average temperatures (59.1°F vs 56.2°F). Elkridge receives more rainfall at 45" per year compared to 43.7" in Edgemere.
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Climate
NOAA 30-year normals (1991-2020)